Stocks To Trade In August
Stocks To Trade In August
Photographer: Jin Lee/Bloomberg
BLOOMBERG NEWS
Here are the cycles-based trade recommendations for the DJIA stocks in the month of August…
For the month of August, the cycle/relative strength concept is applied. First, the Dow Jones 30 stocks are ranked from the best performer to the worst by calculating the percent of months in which the stock rose in that month. The top 10 were screened as follows. The top ten best traditional performers in August were then screened for relative strength by a unique tool that measures current relative performance by several relevant time periods. Those that pass both screens are buys for the month. The stocks that are both weak August performers and are currently weak relative performers are short sales for the